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7 June, 11:21

Jeremy had a starting balance of $122.00 in his savings passbook. He made these transactions: Deposits of $68.52 and $46.35; Withdrawals of $95.00 and $20.50; Interest $1.50. What is his final balance?

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  1. 7 June, 11:55
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    Final balance $ 123.87

    Explanation:

    Opening balance $ 122.00

    Deposits made $ 68.52

    $ 46.35

    Total deposits $ 114.87

    Withdrawals made $ 95.00

    $ 20.50

    Total withdrawals $ (115.50)

    Adjusted balance $ 121.37

    Interest $ 1.50

    Final balance $ 123.87
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